Research on model design and operation mechanism of enterprise blockchain digital system

Su, Xin; Wang, Shengwen

doi:10.1038/s41598-022-24796-0

Cited by 8 publications

(6 citation statements)

References 30 publications

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“…The choice of a consensus method is based on several factors, such as the size and structure of the network, the type of application it is being used for, and the level of security and efficiency needed. The Proof of Work (PoW) [15,30,31,34], Proof of Stake (PoS) [15,30,31,35,36], Practical Byzantine Fault Tolerance (PBFT) [30,35,37] Proof of Elapsed Time (PoET) [30,35], and other popular consensus mechanisms have been used in most blockchain platforms and services, including e-voting systems.…”

Section: Blockchain Technologymentioning

confidence: 99%

Citizens’ Perception of Blockchain-Based E-Voting Systems: Focusing on TAM

Mannonov,

Myeong

2024

Sustainability

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Digital transformation and new technologies have made people’s lives easier and led to great results in most areas of business and society. Implementing blockchain technology is one of the best tools for establishing sustainable smart cities and societies. In terms of sustainable governance sophisticated and secure voting systems are necessary to achieve high integrity and transparency and null election fraud, and, in environmental sustainability, e-voting systems eliminate the mass waste of paper and transportation gas emissions; namely, e-voting systems are eco-friendly with high democratic outcomes. Blockchain technology can revolutionize e-voting by increasing the security and transparency of the voting process. Integrating artificial intelligence (AI) and machine learning (ML) into blockchain-based e-voting systems further augments their effectiveness. AI algorithms can analyze voting patterns and detect irregularities, supporting the prevention of fraudulent activities and coercion. ML procedures can enhance voter authentication processes, improve accessibility for diverse demographics, and optimize the productivity of blockchain networks during peak voting periods. This study focuses on understanding citizen perceptions of blockchain-based e-voting in a smart city context using the Technology Acceptance Model (TAM). The study’s results indicate that perceived ease of use and perceived usefulness are important factors in determining citizens’ intentions to use blockchain-based e-voting. Furthermore, trust in the technology and perceived security were found to influence the usefulness of blockchain-based e-voting positively. This study provides important insights for policymakers and technologists seeking to promote the adoption of blockchain-based e-voting systems in smart cities. The findings of the research supported the research model with positive results. In conclusion, our research model encourages the adoption of a blockchain-based e-voting system to enhance the future voting environment.

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Section: Blockchain Technologymentioning

confidence: 99%

Citizens’ Perception of Blockchain-Based E-Voting Systems: Focusing on TAM

Mannonov,

Myeong

2024

Sustainability

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“…The integration of blockchain technology in asset management systems has the potential to address issues related to data security, transparency, and traceability (Al-Dhlan et al, 2022). Furthermore, blockchain technology has been identified as a solution for digital asset management, offering features such as distributed storage, peer-to-peer transmission, and asymmetric encryption, which can alleviate enterprise data asset management and application problems (Su & Wang, 2022).…”

Section: Asset Management and Blockchainmentioning

confidence: 99%

Blockchain in asset management: An extensive review of opportunities and challenges

Funmilola Olatundun Olatoye,

Oluwafunmi Adijat Elufioye,

Chinwe Chinazo Okoye

et al. 2024

Int. J. Sci. Res. Arch.

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Blockchain technology has emerged as a transformative force within the financial sector, particularly in asset management. This paper provides a comprehensive review of the opportunities and challenges associated with integrating blockchain in asset management practices. The opportunities presented by blockchain in asset management are multifaceted. The decentralized and immutable nature of blockchain enables increased transparency and security in the tracking and transfer of assets. Smart contracts, a key feature of blockchain, automate and streamline various processes, reducing operational costs and minimizing the risk of errors. This technology also facilitates real-time settlement and enhances liquidity, contributing to increased efficiency in asset management workflows. However, along with these opportunities come substantial challenges. Regulatory uncertainties, interoperability issues, and the need for industry-wide standards are significant hurdles that the asset management sector must overcome to fully harness the potential of blockchain. Security concerns related to the custody and protection of digital assets, as well as the scalability of blockchain networks, also demand careful consideration. Moreover, the integration of blockchain in asset management necessitates a paradigm shift in organizational structures and industry practices. Stakeholders must adapt to new ways of managing and transferring assets, embracing the cultural and technological changes inherent in blockchain adoption. Education and collaboration among industry participants are crucial for navigating the complexities of this transformative technology. In conclusion, this extensive review highlights the immense potential of blockchain in revolutionizing asset management while shedding light on the formidable challenges that need to be addressed for successful implementation. As the industry continues to explore and adopt blockchain solutions, collaboration and proactive measures will be essential in maximizing the benefits and mitigating the risks associated with this groundbreaking technology.

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“…De-trusting means no need for a third-party centralized organization in the system and no need to establish any trust relationship between nodes. The blockchain system is open and transparent, trading is traceable, and no data can be tampered with 22 – 24 .…”

Section: System Modelmentioning

confidence: 99%

Investigation of personal data protection mechanism based on blockchain technology

Zhu,

Wang,

Zhang

et al. 2023

Sci Rep

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Blockchain technology is increasingly being used in personal data protection. Inspired by the importance of data security, this paper proposes a personal data protection mechanism based on blockchain, combined with distributed hash tables and cryptography, to enhance users' control over the data generated using web applications. This paper designs this mechanism's system model and describes the three aspects in detail: data storage mechanism, data encryption mechanism, and data trading mechanism. Among them, the data storage mechanism restricts user data to be stored only in the local storage space of the user terminal, the decentralized blockchain network, and the distributed hash table network to ensure that enterprises providing network applications cannot privately store user interaction data, the encryption mechanism is responsible for encrypting all user data recorded in the network and allows users to control the key of the data to ensure the security of the user data in the blockchain and distributed hash tables, the data transaction mechanism allows users to trade their data, and to incentivize enterprises to assist users in collecting personal data, data transaction contracts are built into the data transaction mechanism, allowing enterprises to receive a share of the revenue from user data transactions. Then, for data transactions, use the Stackelberg game to simulate the revenue sharing between users and service providers in data trading to incentivize enterprises providing web services to assist users in collecting their data. The simulation results show that when the number of users is 1000, the revenues of this scheme for service providers are 31%, 561%, and 19% higher than the existing scheme. Finally, the personal data protection platform is implemented by code to verify the feasibility of the theory proposed in this paper in personal data protection.

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Research on model design and operation mechanism of enterprise blockchain digital system

Cited by 8 publications

References 30 publications

Citizens’ Perception of Blockchain-Based E-Voting Systems: Focusing on TAM

Citizens’ Perception of Blockchain-Based E-Voting Systems: Focusing on TAM

Blockchain in asset management: An extensive review of opportunities and challenges

Investigation of personal data protection mechanism based on blockchain technology

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